General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds

FinmaxFX, headquartered in Russia, is one of the world’s most popular Forex/CFDs trading platforms. The broker is fully regulated by the Financial Services Authority (FSA) – a quasi-judicial body responsible for the regulation of the financial services industry.

FinmaxFX Overview

FinmaxFX’s official website address is at www.finmaxfx.com/. The website interface is designed very professionally and attractively. There is a “open an account” button that can easily be seen at the top right-hand corner of the home page, allowing potential investors to quickly open a new Forex trading account.

After finishing registration and email confirmation, FX traders can directly access the broker’s trading system. Based on MetaTrader4 software, the world’s leading Forex platform, FinmaxFX’s trading platforms could be used on any PCs and mobile devices.

Over 500 financial instruments can be traded both online and by phone, including currency pairs, individual stocks, commodity futures, indices, metals, energy carriers and cryptocurrencies. The maximum leverage of FinmaxFX is up to 300:1. The broker offers a commission-free service and charges tight spreads from 3 pips on most of the major currency pairs.

What makes FinmaxFX dominant is that there are no rejections or re-quotes of trading positions because the broker has a real-time market execution. Orders are entered instantly after the trading buttons are hit.

All account types are based on the 1:50 to 1:300 leverage. The minimum spread charged is as low as 3 pips. The accounts’ currency options include the US Dollar, the Euro, and the Ruble.

Customer Support

FinmaxFX specialists can be contacted 24 hours on 5 business days by telephone, via email, live chat or the web-based contacting form.

Deposits and Withdrawals

The minimum deposit amount required to start trading with FinmaxFX is $100. Account funding is 100% automatic and could be done using various modern payment methods: Bank Transfer, Credit Card, Yandex Money, Webmoney, Skrill, Neteller and QiWi Wallet. There are no fees charged on deposits.

The minimum withdrawal amount is as low as $1. Withdrawals are made in the same manner as deposits. A completion of identity verification is required before withdrawal requests are executed.

Pros & Cons

Pros

• Licensed in the EU.

• A wide range of tradable assets.

• Tight spreads from 3 pips.

• No commissions.

• Real-time market execution.

• Free deposits and withdrawals.

• Quick withdrawal process.

• 24/5 Support.

• Rich educational materials.

Cons

• No support for ECN Trading.

Conclusion

With lots of benefits mentioned above, FinmaxFX has quickly gone through its early development stage and shown itself to be a progressive, prestigious and professional Forex broker. Choosing FinmaxFX, traders can enjoy a secure trading service as well as opportunities to improve investing skills and profit from the foreign exchange market in the long run.

Best forex brokers

Your capital might be at risk. The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Recent comments

HavieronExpertOptionGood broker. Friends have been working with him for a long time and I was advised to work comfortably and profitably, so the choice of this broker is happy

DaveonExpertOptionIn my opinion, the company is quite good. I was quite satisfied with the results of my work — the broker is quite convenient, and in terms of profit I am happy with everything.

MeztonalonFinmaxMy top priority is always licensed brokers since my funds will remain safe. I picked Finmax for that, and I am totally satisfied with my choice.

RonaldonExpertOptionI was really pleased with the broker. While the profit seemed to me very good, and with the withdrawal of funds in full order. I was really satisfied with the results.

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About

This site was created for people interested in learning and trading binary options, digital options, cryptocurrencies, Forex, CFD, ETF, OTN, ICO, and of course, how not to fall for the bait of unscrupulous trading platforms. Here you can find a lot of useful information about brokers, strategies and the latest news from the world of online investment possibilities and many other interesting things. Here you will be given the opportunity to grasp the essence of the world of trading and investment activities, and finally start to earn on them (but it is only in the case if you have a desire to learn)

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DISCLAIMER

Safetradebinaryoptions.com does not respond for loss of money and possible risks connected with options trading.

User must fully understand and accept all possible risks carried out by any operations, as well as partial or complete losses of the invested financial resources. All actions and, as a result, their consequences, as well as the way of using information, service and products provided by the site must be fully borned by the user’s responsibility.

“General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds.”